Archives for 2016

I’ve spent the evening writing Christmas cards to all the people in my builder’s office. I wanted to make sure each person was acknowledged for all their hard work on our projects this year.

But what I didn’t realise was just how much hard work they’d done.

Funny, but it’s taken until now, Christmas card writing, for me to have the time to tally up the projects we’ve completed construction on, commenced construction and started preliminary work on and put into the pipeline this year.

There are many benefits developing property will bring, but what should you focus on when assessing a development opportunity?

I get lots of calls and love speaking to people about property development. It’s interesting to see what kind of questions are raised. There is one question that is asked often and that is; “what kind of Return on Investment (ROI) do we get from our development projects?”

I used to love the show and I’m always yelling ‘take the deal!’ as I vigorously rub the tips of my fingers together (this may sound weird if you haven’t seen the show). My pleads directed at the TV get louder as the odds get slimmer. I realised from playing this game even though I’m a property developer, I don’t like to take too much of a risk if it means losing money.

This threw me a bit as I always thought of myself as a risk taker. Then I worked out that I do like risk, but only calculated risk.

When it comes to developing, we have all heard about the Development Application (DA) and the Construction Certificate (CC), but how and what exactly is involved with each council approval? It is important to understand this process before you start developing.

When we receive a client’s Development Application (DA) Consent it’s always an exciting time.

Receiving council approval is one of the major milestones of a property development and it should be celebrated. But the champagne and toasts can wait because there is one thing you must do immediately.